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Institutional investors shorting Bitcoin made up 80% of weekly inflows

Coin Telegraph LogoCoin Telegraph1 mo ago

Institutional investors shorting Bitcoin made up 80% of weekly inflows

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Digital asset product inflows were dominated by the $51.4 million posted by short BTC funds last week, with ETH products generating the next highest figure at just $4.9 million.

Sweden partially offset that figure with $1.8 million worth of outflows.

However, year-to-date ETH funds are still down with $450.9 million worth of outflows.


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Article Details

Author / Journalist: Cointelegraph By Brian Quarmby

Category: Crypto

Topics: Short BTC ETF CoinShares BITI Short Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-07-05, 02:42:00

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Reading Time: 3 minutes read

Article Length: 399 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 30182

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 24 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 10h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #11

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